Metro bus drivers not keen on fixed salary

[jansky]

political power lagyan ng ipin ang batas

kill the few to save many

[Galactus]

Political will lang kailangan dito.

Implement a law and enforce salary compensation sa mga bus drivers. let the operators sort out the problem with lazy drivers. Tapos ang problema.

We can't afford to consider everything. Kailangan lang yung main concern is safety ng mga tao. To hell with the operators puro kita lang naman nasa isip ng mga yan e.

Naku, baka may mag-react na naman dyan na law of the jungle, survival of the fittest, human nature ek-ek dyan, hehehe.

Those types, contented na sila na sa ganung sitwasyon, kesyo human nature daw, so wala nang magagawa, let's deal with it na lang reasoning. Well, human nature can be modified, its nothing but just the prevailing mores of the times.

Natural lang naman sa bus operators na hindi mag-agree sa proposal. But the government can put in place regulations naman para hindi magkagulo sa kalsada. Implementation lang ang kulang.

[uls]

hehehe

human nature > govt

[Galactus]

One word: Yukos

Yukos
From Wikipedia, the free encyclopedia

Yukos Oil Company (ОАО НК ЮКОС) was a petroleum company in Russia which, until recently, was controlled by Russian billionaire Mikhail Khodorkovsky and a number of prominent Russian businessmen. Khodorkovsky was convicted and sent to prison. Yukos headquarters was located in Moscow. On August 1, 2006, a Russian court declared Yukos bankrupt[1].

http://en.wikipedia.org/wiki/Yukos

When government really wants to impose its will, whether maleficent or beneficial to the common good, it can. The story of Yukos, (or ABS-CBN and other companies during martial law, i.e. big business), is proof of that, kesehoda human nature-human nature ek-ek.

Oligarchs, just like everybody else, are not infallible.

[uls]

Like Hugo Chavez nationalizing the oil industry, telecommunications and power utilities...

That's powerful government right there... too powerful that it scares away capital.

Venezuelans are less worried about their savings being eroded. Instead, they fear Chávez could confiscate their bank accounts and businesses. "Previous capital-flight dollars were driven by poor economics rather than a controversial leader," says Ken Thomas, a Miami banking consultant who calls the money flowing from Caracas "CD dollars," meaning "Chávez-driven." Venezuelan economist Emilio Medina-Smith, who studies capital flight, estimates that roughly $1 billion has left the country monthly for the past three years, a big increase from Chávez's first years in power. And bankers in Miami say the latest wave of Venezuelan capital flight reminds them of Fidel Castro's rise in Cuba.

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Marcos martial law scared away capital.

That was decades ago.

The Phils. hasnt attracted much capital since then.

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Russia:

Putin very strong... too strong

Independent economists have argued that Russian stocks suffered worse than those in other emerging markets because the effects of the global crisis were combined with Putin's heavy-handedness in the economy and major capital flight after the August war with Georgia.

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yes, governments can seize assets, impose price controls, nationalize businesses, throw capitalists in jail...

but that scares away capital.

it's human nature ek ek again.

Greed: Capitalists open the valves that let capital flow when they are allowed to make money with very little regulation.

Fear: Capitalists shut off the valves that let capital flow when their investments, profits, and safety are threatened

Capital flight:

MOSCOW, October 17 (RIA Novosti) - Investors withdrew $33 billion from Russia in August-September, Russia's finance minister said on Friday.

"In August-September, investors took a total of $33 billion out of Russia," Alexei Kudrin said, speaking in the State Duma, the lower house of parliament.

He said the amount represented dollars that investors had bought from the Russian Central Bank for rubles and then taken out of the country.

Sorry OT

[Galactus]

That's a selective bunch of articles, and is hardly reflective of the actual scenario.

A few years after Martial law, capital did indeed take place, but it was thereafter replaced. A lot of major investors came in, hoping to cash in on a new market. As quoted , capital flight is more a result of poor economics than a controversial leader. Same thing with Russia, which is why Russia is now a major player on the world economic stage, why the G-7 is now informally called the G-8 (or G-7+1). Just take a look at Russia's GDP before and after Putin. That's the thing about a fairly developed country with a sizeable population. Its a capital magnet for companies searching for new markets. Babalik at babalik din sila. Aba, sayang ang profits!

When Yukos weakened, Gazprom (another Russian oil & natural gas company), took its place, and is now the largest Russian company, and the world's 3rd largest company in terms of market cap.

[Horsepower]

yeah, I worked at Gazprom too (via its subsidiary, Stroytransgaz). Man, that company is literally overflowing with money. Russians, in contrast to what Hollywood portrays them (as bad terrorists), are actually very kind people. Much like filipinos, sans the crab mentality.

[uls]

before napunta tayo sa Gazprom,

the topic was: is govt more powerful than capitalists' instinct for profit?

Gov't CAN BE more powerful.

Gov't can easily put any capitalist out of business if it wants to.

I used Hugo Chavez as an example of powerful gov't. (actually, too powerful)

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Now, the question is, IS our gov't more powerful than capitalists?

the answer is no.

Dito sa Pinas, big business is more powerful than gov't.

Our gov't people can be bought.

That's the status quo.

it has been like that for decades.

but CAN our gov't be more powerful?

Yes, definitely.

when?

i don't know.

who can change the status quo?

i don't know.

Maybe some pinoy Obama

[uls]

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[tidus1203]

Which all boils down to the human nature of PROTECTING ONESELF FIRST. Whether be it physical protection or in this case financial protection. Givernment can always stop capitalists but the capitalists can always stop the flow of capital and when that happens GAME OVER for the government. No taxes to collect, economy stagnates, the people get hungry...